Daily Current Affairs December 06

Dear Champions, as you all know that a lot of competitive exams have been notified consequently. Candidates have to prepare themselves according to the level of competition and expectation of the Recruitment board. Regarding that one of the most important topic is Daily Current Affairs December 06. Current Affairs in the form of contemporary events of national & international play a crucial role in almost every competitive exams like Banking, Insurance, SSC, UPSC, TNPSC, Railway etc.

Current affairs are the most dynamic yet scoring among all sections and need to be prepared from the right source. Here, we cafunsta team, providing  Daily GK Updates, Current Affairs Questions, and Monthly  current affairs pdf.

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December 06 | Daily Current Affairs 2023

Important Days – Daily Current Affairs December 06

1. What is the theme of the International Day of Banks, which is observed on December 4 every year?
A) Financial Inclusion for All
B) Banking for Sustainable Growth
C) Achieve the Sustainable Development Goals and reform the global financial architecture
D) Innovation in Banking Services
E) Strengthening Global Banking Networks
Answer: C) Achieve the Sustainable Development Goals and reform the global financial architecture

• International Day of Banks is observed on December 4.
• Theme: Achieve the Sustainable Development Goals and reform the global financial architecture’.
• On 19th December 2019, the UN General Assembly adopted resolution 74/245, which designated 4 December as the International Day of Banks in recognition of the significant potential of multilateral development banks and other international development banks in financing sustainable development.
• It was first observed in the year 2020.

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2. What does India commemorate on December 6 as Mahaparinirvan Divas?
A) Independence Day
B) Republic Day
C) Mahatma Gandhi’s Birth Anniversary
D) Dr BR Ambedkar’s Death Anniversary
E) Children’s Day
Answer: D) Dr BR Ambedkar’s Death Anniversary

• On December 6, India celebrates Mahaparinirvan Divas in honour of Dr Bhimrao Ramji Ambedkar or Dr BR Ambedkar.
• This day is the commemoration of the death anniversary of Dr B R Ambedkar.
• “Mahaparinirvan” is a Sanskrit term that means the ultimate nirvana or liberation.
• The key architect of the Indian Constitution, BR Ambedkar was born on April 14, 1891 in Mhow ( Now in Madhya Pradesh).
• He was a politician, social reformer, economist, and jurist who later served as an inspiration for several social movements.
• He was the first law minister of independent India and led a campaign against social discrimination against the Untouchables (Dalits).
• He was the Chairman of the Drafting Committee of the Indian Constitution.
• He received the highest civilian honour in India, the Bharat Ratna, in 1990 posthumously.
• Baba Saheb died on December 6, 1956.

International Cheetah Day is observed on December 4:

• International Cheetah Day was established by Dr. Laurie Marker in 2010.
• It commemorates the birthday of Khayam, a Cheetah raised by Dr Laurie Marker in Oregon.
• During the project work in Namibia, She witnessed the challenges cheetah faced due to conflict with farmers.
• It induced her to dedicate the life to the conservation of Cheetahs and leading to the establishment of Cheetah Day.
• Cheetahs have seen their population drop from 100,000 to only 7,100 wild cheetahs left in the world today.

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Sports – Daily Current Affairs December 06

3. In which stadium did Ramkumar Ramanathan win his 3rd ITF Kalaburagi Open title?
A) M. Chinnaswamy Stadium
B) Feroz Shah Kotla Ground
C) Chandrashekhar Patil Stadium
D) Eden Gardens
E) Wankhede Stadium
Answer: C) Chandrashekhar Patil Stadium

• Ramkumar Ramanathan won his 3rd ITF Kalaburagi Open title by defeating his Austrian rival, David Pichler at Chandrashekhar Patil Stadium.

About Ramkumar Ramanathan:

• He is an Indian professional Tennis Player.
• He has been ranked as high as No. 111 in singles by the Association of Tennis Professionals (ATP), which he achieved in July 2018 and in doubles at No. 58 achieved in August 2022.
• He has represented India in the Davis Cup.
• In 2018, he became the first Indian player to reach an ATP Tour singles final since Somdev Devvarman in 2011.

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Ranking – Daily Current Affairs December 06

4. Among how many economies does India rank 49th in the World Digital Competitiveness Ranking?
A) 32
B) 45
C) 56
D) 64
E) 72
Answer: D) 64

• The International Institute for Management Development (IMD) unveiled its 2023 World Digital Competitiveness Ranking (WDCR).
• India’s positioned at 49th among 64 economies in WDCR.
• According to IMD’s study, India has made significant in terms of cybersecurity knowledge but lacks on fronts like technology and future readiness.
• Ranks of World Digital Competitiveness Ranking (WDCR)
  1. United States
  2. Netherlands
  3. Singapore
  4. Denmark
  5. Switzerland

Asia Pacific Region:

• India – 12 th position among 14 nations (earlier 11)

On a global Scale, (population exceeding 20 million):

• India – 18th position among 27 nations (earlier 16)

Technology Domain:

• India – 50th Place

Future readiness:

• India – 51st place
• Note: A parallel report from the World Bank identified five countries—China, Brazil, India, Indonesia, and Vietnam are responsible for 75% of the world’s total digital infrastructure investment in 2023, capturing an impressive $68.3 billion.

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5. Who was named CEO of the Year 2023 by TIME magazine?
A) Elon Musk
B) Jeff Bezos
C) Tim Cook
D) Sundar Pichai
E) Sam Altman
Answer: E) Sam Altman

• Sam Altman was named CEO of the Year 2023 by TIME magazine.
  • Sam Altman co-founded OpenAI developed ChatGPT, a revolutionary tool, launched in November 2022.
  • ChatGPT became one of the most rapidly adopted technology ever.
• Taylor Swift ranked ‘Person of the Year’.
  • She is also the first woman to appear twice on its annual honorary cover since the series began in 1927.
  • Among her accolades are 12 Grammy Awards (including three Album of the Year wins), a Primetime Emmy Award, 40 American Music Awards (including Artist of the Decade – 2010s), 39 Billboard Music Awards, 23 MTV Video Music Awards, three IFPI Global Recording Artist of the Year awards, and 111 Guinness World Records
• Lionel Messi named ‘Athlete of the Year’.
  • Athlete of the Year award is first given by TIME Magazine in 2019.
  • Lionel Messi (Argentina) from Inter Miami Football Team joined the high-profile list of athletes including LeBron James, and Aaron Judge after winning the title.
  • Messi is the first non-American player to win the award.
  • He also a recipient of Ballon d Or Title in this year.

List of players who listed in Athlete of the year:

• 2019 – United States Women’s National Team (soccer)
• 2020 – LeBron James
• 2021 – Simone Biles
• 2022 – Aaron Judge
• 2023 – Lionel Messi

About TIME Magazine:

• TIME is the 100-year-old global media brand that reaches a combined audience of over 120 million around the world through its iconic magazine and digital platforms.
• Time has been based in New York City since its first issue published on March 3, 1923, by Briton Hadden (1898–1929) and Henry Luce (1898–1967).
• It was the first weekly news magazine in the United States.

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Banking and Finance – Daily Current Affairs December 06

6. How much loan has the Asian Development Bank (ADB) sanctioned to bolster power supply in Uttarakhand?
A) USD 100 million
B) USD 150 million
C) USD 200 million
D) USD 250 million
E) USD 300 million
Answer: C) USD 200 million

• The Asian Development Bank (ADB) has sanctioned a USD 200 million loan to bolster the power supply in Uttarakhand.
• The Japan Fund for Prosperous and Resilient Asia and the Pacific, backed by the Government of Japan through ADB, will contribute a USD 2 million grant.
• This funding will specifically support livelihood enhancement, training, and awareness raising activities integral to the project success.

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7. How much loan has the Asian Development Bank (ADB) signed with the Government of India to improve road connectivity in Madhya Pradesh?
A) $125 million
B) $150 million
C) $175 million
D) $200 million
E) $225 million
Answer: C) $175 million

• The Government of India and the Asian Development Bank (ADB) signed a $175 million loan to improve connectivity and resilience of roads in the state of Madhya Pradesh.
• This project will enhance connectivity in the state road network across 14 districts to enable balanced economic development in Madhya Pradesh.
• The project will upgrade about 500 kilometers of state highways and major district roads to a standard two-lane feature.
• These roads will incorporate climate- and disaster- resilient design, innovative road safety elements, and facilities that will respond to the needs of the elderly, women, children, and people with disabilities.

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Business and Economy – Daily Current Affairs December 06

8. What is the total value of the orders received by BEL in the current financial year?
A) Rs 12,345 crore
B) Rs 15,678 crore
C) Rs 18,298 crore
D) Rs 20,000 crore
E) Rs 25,000 crore
Answer: C) Rs 18,298 crore

• Bharat Electronics Ltd has received an order of Rs 580 crore from the Indian Army for AMC Radars.
• The PSU has also received additional orders worth Rs 3,335 crore since the last disclosure on September 15, 2023.
• These orders pertain to AMC for the AEW&C system (Airborne Early Warning and Control), uncooled TI sights, software-defined radios, SWIR payload, AMC for the IACCS, passive night vision binoculars, and more.
• Totally BEL has received orders worth Rs 18,298 crore in the current financial year 2023–24.

Criteria:

• It should score 60/100 in the parameters: net worth, net profit, the total cost of production, total manpower cost, cost of services, capital employed, and PBDIT (Profit Before Depreciation, Interest, and Taxes).
• It should attain the Mini Ratna Status.
• 4 Independent Directors should be present in the company.

Investment:

• It can invest 15% or Rs 1000 crore of their total worth on single project.
• It can invest 30% of their net worth in a year.
• The investment limit of Rs 1000 crore should not be exceeded.

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9. What is the current ownership percentage of the central government in IRCON International?
A) 50%
B) 60%
C) 70%
D) 73.18%
E) 80%
Answer: D) 73.18%

• The central government is planning to sell up to 8% stake in IRCON International through an offer for sale (OFS).
• The floor price was fixed at Rs 154 per share.
• The government owns 73.18% in the company, and the 8% stake sale will help it raise about Rs 1,159 crore.
• The government will sell 4% of the company shares and an additional 4% would be sold if the offer is oversubscribed.
• So far, the government has collected Rs 8,859 crore by selling shares in public sector units in 2023/24, compared with a target of Rs 51,000 crore.

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10. Which organizations have partnered with Godrej Capital Nirmaan to aid MSME growth?
A) HDFC Bank, Mastercard, and Flipkart
B) ICICI Bank, American Express, and Snapdeal
C) DBS Bank India, Visa, and Amazon
D) State Bank of India, PayPal, and Alibaba
E) Axis Bank, UnionPay, and Paytm
Answer: C) DBS Bank India, Visa, and Amazon

• Godrej Capital Nirmaan announced partnership with DBS Bank India, Visa and Amazon to aid MSME growth.
• According to the release, the platform aims to foster growth revolving around three critical areas for MSMEs:
  • Expansion of customer base.
  • Streamlining of operations.
  • Enhancement of employee productivity.

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11. What is the current shareholding percentage of State Bank of India (SBI) in Jio Payments Bank?
A) 15%
B) 20%
C) 23%
D) 25%
E) 30%
Answer: C) 23%

• State Bank of India’s (SBI) shareholding in Jio Payments Bank fell to 23% in FY23 from the 30% that it has maintained since inception, indicating its disinterest in the payments bank business model.

Regulations:

• The minimum capital requirement is Rs.100 crore.
• For the first five years, the stake of the promoter should remain at least 40%.
• Foreign share holding will be allowed in these banks as per the rules for FDI in private banks in India. The voting rights will be regulated by the Banking Regulation Act, 1949.
• The voting right of any shareholder is capped at 10%, which can be raised to 26% by the Reserve Bank of India.
• Any acquisition of more than 5% will require approval of the RBI.
• The majority of the bank’s board of directors should consist of independent directors, appointed according to RBI guidelines.
• 25% of its branches must be in the unbanked rural area.

Payment Banks in India: 6

1. Airtel Payments Bank
2. Jio Payments Bank
3. NSDL Payments Bank
4. Paytm Payments Bank
5. India Post Payments Bank
6. Fino Payments Bank

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12. How much stake is State Bank of India (SBI) acquiring from SBICAPS in SBIPFPL?
A) 10%
B) 15%
C) 20%
D) 25%
E) 30%
Answer: C) 20%

• The Executive Committee of the Central Board (ECCB) of State Bank of India (SBI) has accorded final approval to the Bank for acquiring 20 per cent stake held by SBICAPS (SBI Capital Markets Ltd) in SBIPFPL (SBI Pension Funds Private Ltd).
• SBICAPS is a wholly-owned subsidiary of SBI.
• Post-acquisition, SBI will have 80 per cent stake in SBIPFPL, with the balance being held by SBI Funds Management Ltd.
• The latter is a joint venture of SBI (62.53 per cent) and Amundi (36.73 per cent)

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Appointments – Daily Current Affairs December 06

13. Who has taken charge as the Executive Director of the Insolvency and Bankruptcy Board of India (IBBI)?
A) Jithesh John
B) Roshni Nadar Malhotra
C) Nirmala Sitharaman
D) Soma Mondal
E) Kiran Mazumdar-Shaw
Answer: A) Jithesh John

• Jithesh John, a 2001 batch Indian Economic Service Officer, has taken charge as Executive Director of the Insolvency and Bankruptcy Board of India (IBBI).
• IBBI is a key institution in implementing the Insolvency and Bankruptcy Code (IBC).

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International Affairs – Daily Current Affairs December 06

14. In the Forbes World’s 100 Most Powerful Women List, what is the rank of Union Finance Minister Nirmala Sitharaman?
A) 30th
B) 32nd
C) 36th
D) 40th
E) 45th
Answer: B) 32nd

20th Forbes World’s 100 Most Powerful Women List – 4 Indian Woman spotted:

• Union Finance Minister, Nirmala Seethraman – 32nd rank (earlier 36).
• Indian billionaire and philanthropist, Roshni Nadar Malhotra – 60th rank.
  • She is the first Indian woman to lead a listed IT company in India.
  • Daughter of HCL founder Shiv Nadar, she is recognised as the richest woman in India as per IIFL Wealth Hurun India Rich List (2019).
• Chairperson, Steel Authority of India Limited (SAIL) , Soma Mondal – 70th Rank
  • She was honoured with ‘CEO of the Year’ award at the ETPrime Women Leadership Awards in this year.
• Renowned Indian billionaire entrepreneur, Kiran Mazumdar-Shaw – 76th rank
  • She is a founder of Biocon Limited and Biocon Biologics Limited in Bangalore.
  • She also serves as former chairperson of the Indian Institute of Management, Bangalore.

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National Affairs – Daily Current Affairs December 06

15. How much Line of Credit did India extend to Kenya for the modernization of agriculture?
A) $100 million
B) $150 million
C) $200 million
D) $250 million
E) $300 million
Answer: D) $250 million

• India extended a $250 million Line of Credit for modernisation of agriculture in Kenya.
• Both countries will carry out joint military exercises and will collaborate on counter-terror projects.
• The two sides agreed to cooperate in cyber security, anti-money laundering, small arms and light weapons, drugs and human trafficking
• Kenya has “offered, in line with Kenyan laws, to provide land to Indian companies and institutions for cultivation of crops, including millets, in Kenya.
• Keypersons: Indian High Commissioner to Nairobi Namgya C. Khampa, Kenyan President William Samoei Ruto

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16. At which session of UNESCO’s Intergovernmental Committee for Safeguarding of Intangible Cultural Heritage was the decision made to include Garba in the list?
A) 15th session
B) 16th session
C) 17th session
D) 18th session
E) 20th session
Answer: D) 18th session

• The UNESCO approved the inclusion of Garba, Gujarat’s most popular folk dance form, in its Representative List of Intangible Cultural Heritage (ICH) of Humanity.
• A decision to “inscribe” the dance form as “intangible heritage” was taken at the 18th session of the UNESCO’s Intergovernmental Committee for Safeguarding of Intangible Cultural Heritage held in Republic of Botswana.
• With this, 15 elements from various parts of India have been inscripted to UNESCO’s representative list of ICH.
• The Committee referred to garba as “ritualistic and devotional dance that is performed on the occasion of the Hindu festival of Navaratri, which is dedicated to the worship of the feminine energy.
• Dancer and choreographer Professor Parul Shah, also the former dean of MS University’s (MSU) Faculty of Performing Arts in Vadodara, was among those who made the dossier on the dance form to be submitted to UNESCO.

Note: An intangible cultural heritage (ICH) is a practice, representation, expression, knowledge, or skill considered by UNESCO to be part of a place’s cultural heritage. Buildings, historic places, monuments, and artifacts are cultural property

Elements from India in the list of UNESCO’s Intangible Cultural Heritage – 15:

1. Ramlila
2. Yoga
3. Vedic chanting
4. Kutiyattam, Sanskrit theatre of Kerala
5. Ramman, religious festival and ritual theatre of the Garhwal Himalayas
6. Mudiyettu, ritual theatre and dance drama of Kerala
7. Kalbelia folk songs and dances of Rajasthan
8. Chhau dance of eastern India
9. Buddhist chanting of Ladakh
10. Sankirtana, ritual singing, drumming and dancing of Manipur
11. Traditional brass and copper craft of utensil making in Punjab
12. Nawrouz
13. Kumbh Mela
14. Durga Puja in Kolkata
15. Garba Folk Dance of Gujarat

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17. Who has been appointed as the youth voter awareness Ambassador for Jammu and Kashmir by the Chief Electoral Officer (CEO)?
A) Virat Kohli
B) Rohit Sharma
C) MS Dhoni
D) Suresh Raina
E) Shikhar Dhawan
Answer: D) Suresh Raina

• Chief Electoral Officer (CEO), J&K Pandurang K Pole appointed former Indian cricketer Suresh Raina as youth voter awareness Ambassador for the Union Territory.

About Suresh Raina:

• He is an Indian former International Cricket Player, from Uttar Pradesh.
• He is the first Indian batsman to hit a century in all three formats of international cricket.
• During his time with India, he won the 2011 Cricket World Cup and the 2013 ICC Champions Trophy.
• Raina made history being the first Indian to score a century in the ICC Men’s T20 World Cup, which he did with his 101 runs against South Africa at the 2010 Tournament.
• On 6 September 2022, he announced his retirement from all forms of cricket, including IPL and domestic cricket.

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18. Who represented the Ministry of State for Defence at the 2023 United Nations Peacekeeping Ministerial Meeting in Accra, Ghana?
A) Rajnath Singh
B) Manohar Parrikar
C) Nirmala Sitharaman
D) Ajay Bhatt
E) Amit Shah
Answer: D) Ajay Bhatt

• Ministry of State for Defence, Ajay Bhatt participated in the 2023 United Nations Peacekeeping Ministerial Meeting in Accra, Ghana from 5-6 December 2023.
• The discussions is focused on concrete measures to improve operations in line with ongoing reform through Action for Peacekeeping, A4P+ and the Digital Transformation Strategy.
• India has been the leading troop contributing country to the United Nations peacekeeping effort.
• In the last seven decades, India has contributed more than 2,75,000 troops in 53 different missions.
• The United Nations Peacekeeping Ministerial Meeting is a biennial meeting organized by the United Nations in which all major donors and troop contributing states come together to discuss issues regarding peacekeeping operations under the UN charter.

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